Live Trading
Institutional Accounts
Institutional Accounts
Institutional Accounts
QuantConnect supports live trading with financial advisor (FA) accounts. These certified professionals can use a single trading algorithms to manage several clients accounts. This feature is only available with a professional subscription on QuantConnect.
The only supported brokerage with FA accounts is Interactive Brokers. In Initialize method, we need to set the DefaultOrderProperties property to InteractiveBrokersOrderProperties:
// The default order properties can be set here to choose the FA settings
// to be automatically used in any order submission method (such as SetHoldings, Buy, Sell and Order)
// Use a default FA Account Group with an Allocation Method
DefaultOrderProperties = new InteractiveBrokersOrderProperties
{
// account group created manually in IB/TWS
FaGroup = "TestGroupEQ",
// supported allocation methods are: EqualQuantity, NetLiq, AvailableEquity, PctChange
FaMethod = "EqualQuantity"
};
// set a default FA Allocation Profile
DefaultOrderProperties = new InteractiveBrokersOrderProperties
{
// allocation profile created manually in IB/TWS
FaProfile = "TestProfileP"
};
// send all orders to a single managed account
DefaultOrderProperties = new InteractiveBrokersOrderProperties
{
// a sub-account linked to the Financial Advisor master account
Account = "DU123456"
};
# Use a default FA Account Group with an Allocation Method self.DefaultOrderProperties = InteractiveBrokersOrderProperties() # account group created manually in IB/TWS self.DefaultOrderProperties.FaGroup = "TestGroupEQ" # supported allocation methods are: EqualQuantity, NetLiq, AvailableEquity, PctChange self.DefaultOrderProperties.FaMethod = "EqualQuantity" # set a default FA Allocation Profile self.DefaultOrderProperties = InteractiveBrokersOrderProperties() # allocation profile created manually in IB/TWS self.DefaultOrderProperties.FaProfile = "TestProfileP" # send all orders to a single managed account DefaultOrderProperties = InteractiveBrokersOrderProperties() # a sub-account linked to the Financial Advisor master account self.DefaultOrderProperties.Account = "DU123456"
//InteractiveBrokersOrderProperties object properties:
class InteractiveBrokersOrderProperties {
string Account // Linked account for which to submit the order
string FaGroup // Account group for the order
string FaMethod // Allocation method for the account group order: EqualQuantity, NetLiq, AvailableEquity, PctChange
int FaPercentage // Percentage for the percent change method
string FaProfile // Allocation profile to be used for the order
}
DefaultOrderProperties properties can be overridden throughout the code to accommodate different scenarios. For instance, the group may have a different allocation method and these properties need to be overwritten before calling an order method (SetHoldings, Buy, Sell, LImitOrder, etc).
// Change FA Account Group and Allocation Method
((InteractiveBrokersOrderProperties)DefaultOrderProperties).FaGroup = "TestGroupAE";
((InteractiveBrokersOrderProperties)DefaultOrderProperties).FaMethod = "AvailableEquity";
SetHoldings("AAPL", 1);
# Change FA Account Group and Allocation Method
self.DefaultOrderProperties.FaGroup = "TestGroupAE"
self.DefaultOrderProperties.FaMethod = "AvailableEquity"
self.SetHoldings("AAPL", 1)
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